Blue Bird(US:BLBD) ZACKSยท2024-11-13 23:45Company Performance - Blue Bird (BLBD) closed at $41.47, reflecting a +1.94% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.02% [1] - Over the past month, Blue Bird's shares declined by 9.36%, underperforming the Auto-Tires-Trucks sector, which gained 25.02%, and the S&P 500, which gained 2.99% [1] Upcoming Earnings - Blue Bird is expected to report an EPS of $0.78, representing an 18.18% increase compared to the same quarter last year [2] - Revenue is anticipated to reach $335 million, indicating a 10.58% rise from the year-ago quarter [2] Analyst Estimates - Recent changes in analyst estimates for Blue Bird are crucial as they reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] Valuation Metrics - Blue Bird has a Forward P/E ratio of 10.99, which is lower than the industry average of 12.82, suggesting it is trading at a discount [6] - The company has a PEG ratio of 0.19, significantly lower than the Automotive - Domestic industry average of 1.92, indicating favorable valuation relative to expected earnings growth [7] Industry Ranking - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 185, placing it in the bottom 27% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]